Industrial Filtration Market Outlook 2031
The global industrial filtration market size was USD 32.93 Bn in 2022 and is likely to reach USD 58.04 Bn by 2031, expanding at a CAGR of 6.5% during 2022–2031. The market growth is attributed to the increasing demand for industrial filtration equipment among various industries such as pharmaceutical, food & beverage, and healthcare.
Filtration is a process of physically separating two types of matter using a medium with a complex structure, through which the mixture of those matters is passed. The filtration process is used usually to remove unwanted or impure components that contaminate the desired product. Industrial filtration is referred to a system or a process where unwanted debris, residue, and other produced waste are removed from the end product.
The process of filtration focuses on removing waste and debris to refine the end product. Air filters and liquid filters have become an essential part of several industries, as the process of filtration facilitates industries to maintain the quality of their products. Industries such as food & beverage, power generation, metal & mining, pharmaceuticals, manufacturing, and others integrate and utilize filtration equipment during the production of various products.
Industrial filtration systems are mainly used to filter either liquid or air & gas. In liquid filtration, the process is used either to purify the liquid or extract solid components from the liquid. The sieving method is considered the best method used for filtering liquid. In the sieving method, the liquid passes through a screen made with various materials such as filter paper or any other solid substrate.
Solid particles, solid waste, impurities, and unwanted components get collected on the filter screen. Solids are collected from the screen to be retained. The sieving method is used for filtering air & gas as well along with other methods such as High Efficiency Particle Arresting (HEPA) filters, gravity filters, centrifugal systems, electrostatic methods, and others. These methods and equipment are used to remove unwanted solid particles, contaminants, pollutants, and others from air & gas.
Industrial filtration system is mainly used to protect production machines from any harmful contaminants. Contaminants or harmful particles present during the manufacturing process damage manufacturing equipment. Filters are used to collect, remove, and dispose of these harmful particles to maintain the smooth running of these machines and ensure their long service life. Filters are used to purify air, gas, and liquid.
Industries are increasingly adopting filtration equipment within their manufacturing process to reduce industrial emissions and water contamination. Industrial filters are used to purify air, gas, and liquid used in production operations, which ensures the purity of the end products. Industrial filters help in maintaining a safe work environment.
According to the US National Library of Medicine, poor indoor air quality affects work productivity. Air pollution has a direct impact on worker productivity. Air filters help in reducing air pollution and boost the productivity of workers.
COVID-19 affected several industries across the globe and ultimately, affected the global industrial filter industry negatively. The worldwide lockdown, travel restrictions, social distancing policies, and other pandemic-related regulations led to a halt in production, shut down of several manufacturing facilities, and the disruption of supply chains. This resulted in a decline in the demand for industrial filtration system.
The pandemic highlighted the importance of hygiene and safety, which pushed manufacturers to adopt expanding their filtration capacity to create a safe environment for their workers. Relaxation in the pandemic-related regulations in recent years is expected to boost the growth of industries and spur the global market.
Industrial Filtration Market Dynamics
The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global industrial filtration industry report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period, 2023 to 2031.
Major Trends
Rapid urbanization, rising population, changing lifestyles, and increasing disposable surge the demand for food and beverage alternatives among consumers. Growing awareness regarding healthy food alternatives and rising concerns regarding health & well-being among consumers shifted their preference toward organic food over conventional food.
The adoption of the industrial filtration process facilitates manufacturers to achieve purity of raw materials, low residual content, and reduction in outside contamination. The filtration process facilitates manufacturers to meet government regulations, which expands the global market.
Drivers
Increasing number of government policies and regulations are formed to control industrial emissions across the globe. Manufacturing companies are required to adhere to these regulations and standards to maintain the high quality of their products and reduce the production of toxic waste. High adoption of industrial filtration equipment across various industries to meet government regulations and practice a safe work environment aid in expanding the global filtration industry.
Industrial growth and increasing population have boosted the demand for production processes and increased industrial emissions. Surging adoption of industrial filters facilitates industries to meet government regulations that help in curbing industrial emissions. Growing number of industrial operations, an increasing number of industrial filter manufacturers, and rising demand for advanced industrial filtration products are expected to boost the market in the coming years.
Restraints
The process of industrial filtration requires a significant amount of energy. High costs associated with non-renewable energy used for the filtration process results in increased cost of industrial filtration system. The increased cost of industrial filtration and filtration equipment is expected to hamper the growth of the global market in the coming years.
Opportunities
Increasing demand and adoption of digitization of industrial filtration equipment offer growth opportunities to market players across the globe. Digital sensors fitted into the filtration equipment facilitate real-time monitoring of filters, recording the status of the process, and gathering other related information. Digitization of industrial filtration aid elongates the service life of filters by predicting maintenance needs, dealing with downtime, analyzing system performance, and automating the workflow of filters.
Scope of Industrial Filtration Market Report
The global industrial filtration industry research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Industrial Filtration Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Liquid Filtration and Air & Gas Filtration), Filter Medium (Fiber Glass, Filter Paper, Activated Carbon, Metals, Nonwoven Fabrics, and Others), Equipment (Filter Press, Bag Filter, Cartridge Filter, Depth Filter, ULPA Filter, HEPA Filter, Drum Filter, and Others), and End-User (Power Generation, Food & Beverage, Healthcare, Metals & Mining, Oil & Gas, Manufacturing, Pharmaceutical, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Industrial Filtration Market Size and Analysis, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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ALFA LAVAL; Danaher; PARKER HANNIFIN CORP; Camfil; Pall Corporation; MANN+HUMMEL; Universal Filtration; Eaton; Sharplex.com; Donaldson Company, Inc.; Aqseptence Group; Mott; Graver Technologies; Freudenberg Filtration Technologies GmbH & Co. KG; American Air Filter Company, Inc.; Forain srl; EFC Filtration B.V.; Cummins Inc.; Hollingsworth & Vose; Lenntech B.V.; and Others
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Industrial Filtration Market Segment Insights
On the basis of type, the industrial filter industry is bifurcated into liquid filtration and air & gas filtration. The air & gas filtration segment is expected to hold a key market share during the forecast period, owing to increasing government policies and regulations regarding air pollution across the globe. Rising number of industries such as food & beverage, healthcare, metal & mining, and chemical are adopting industrial filters to adhere to government regulations and reduce emissions of harmful gasses.
The liquid filtration segment is projected to register rapid growth in the coming years, due to increasing government regulations regarding pollutants discharged into water bodies. A high number of industries are adopting liquid filtration to adhere to environmental regulations for wastewater treatment, which boosts the segment growth.
In terms of filter medium, the industrial filter industry is divided into fiber glass, filter paper, activated carbon, metals, nonwoven fabrics, and others. The activated carbon segment is estimated to register a high growth rate during the forecast period, as activated carbon is easily regenerated on-site. Heat and chemical treatments are used for the regeneration of activated carbon.
The regeneration feature makes this filter medium cost-effective, as a continuous filtration operation is carried out with the help of activated carbon. Increasing demand for the usage of renewable and reusable mediums drives the segment growth.
The nonwoven fabrics segment is expected to register significant growth in the coming years, as nonwoven fabrics are reusable, durable, and water-resistant. This filter medium is fire-resistant, lightweight, and hypoallergenic, which aids in the expansion of the segment.
On the basis of equipment, the global market is segregated into filter press, bag filter, cartridge filter, depth filter, ULPA filter, HEPA filter, drum filter, and others. The filter press segment is anticipated to hold a significant market share during the forecast period, as the filter press equipment are commonly used to collect unwanted solid particles.
Filter press is used in various industries such as food & beverage, power generation, and pharmaceuticals for solid-liquid separation and quality maintenance. Increasing demand for water and wastewater treatment in industries spurs the segment growth.
Based on end-user, the global market is divided into power generation, food & beverage, healthcare, metals & mining, oil & gas, manufacturing, pharmaceutical, and others. The pharmaceuticals segment is projected to register a significant CAGR during the forecast period, owing to the requirement for pure raw materials in the pharmaceutical industry.
Filters are used to remove any bacteria or viruses from drugs and medicines to make them suitable for human consumption. Filters are used to avoid any external contamination during the production process of various medicines. Increasing adoption of filters to maintain the product quality in the pharmaceutical industry propels the segment.
The food & beverage segment is anticipated to hold a key market share in the coming years, due to the increasing adoption of industrial filtration to meet the high demand for healthy, safe, and hygienic food and beverages. Filters are used in the food & beverage industry to maintain the quality and elongate the shelf life of products. Rising population and high demand for packaged food & drinks drive the growth of the segment.
In terms of region, the global market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is expected to register a high CAGR during the forecast period, due to the wide presence of major companies in various industries such as food & beverage, oil & gas, and power generation in the region.
Increasing investment by various industries to adhere to environmental regulations set by the government and other agencies such as WHO is expected to boost the market in the coming years. Flourishing industries such as healthcare, power generation, and oil & gas as well as an increasing number of manufacturing facilities in the region surges the demand for industrial filtration and spurs the market growth in North America.
The market in Asia Pacific is projected to expand rapidly during the forecast period, due to the increasing adoption of industrial filters in countries such as India, Japan, and China. Rapid industrialization and urbanization as well as a wide number of manufacturing companies in these countries boost the adoption of industrial filtration in the market in Asia Pacific. Surging different government policies and regulations to curb industrial pollution is estimated to drive the market in Asia Pacific in the coming years.
Segments
The global industrial filtration market has been segmented on the basis of
Type
- Liquid Filtration
- Air & Gas Filtration
Filter Medium
- Fiber Glass
- Filter Paper
- Activated Carbon
- Metals
- Nonwoven Fabrics
- Others
Equipment
- Filter Press
- Bag Filter
- Cartridge Filter
- Depth Filter
- ULPA Filter
- HEPA Filter
- Drum Filter
- Others
End-User
- Power Generation
- Food & Beverage
- Healthcare
- Metals & Mining
- Oil & Gas
- Manufacturing
- Pharmaceutical
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- ALFA LAVAL
- Danaher
- PARKER HANNIFIN CORP
- Camfil
- Pall Corporation
- MANN+HUMMEL
- Universal Filtration
- Eaton
- Sharplex.com
- Donaldson Company, Inc.
- Aqseptence Group
- Mott
- Graver Technologies
- Freudenberg Filtration Technologies GmbH & Co. KG
- American Air Filter Company, Inc.
- Forain srl
- EFC Filtration B.V.
- Cummins Inc.
- Hollingsworth & Vose
- Lenntech B.V.
Competitive Landscape
Key players competing in the global industrial filtration market are ALFA LAVAL; Danaher; PARKER HANNIFIN CORP; Camfil; Pall Corporation; MANN+HUMMEL; Universal Filtration; Eaton; Sharplex.com; Donaldson Company, Inc.; Aqseptence Group; Mott; Graver Technologies; Freudenberg Filtration Technologies GmbH & Co. KG; American Air Filter Company, Inc.; Forain srl; EFC Filtration B.V.; Cummins Inc.; Hollingsworth & Vose; Lenntech B.V.; and others.
Some of these major companies have adopted various business development strategies including acquisitions, mergers, collaborations, partnerships, product launches, and production capacity expansion to expand their consumer base and enhance their market share.
- In November 2022, ALFA LAVAL, a Sweden-based global leader in key technology areas such as fluid handling, heat transfer, and separation, introduced new filters called Moatti 180. The new product is automatic, self-cleaning, and features Atrium 2.0 technology. The innovative filters are said to provide high efficiency and fine filtration for hydraulic control oil, lubrication oil, and fuel oil.
- In November 2021, Donaldson Company, Inc., a US-based leading air, oil, and liquid filtration solutions provider, acquired Solaris Biotechnology, which is a company that designs and manufactures bioprocessing equipment. The acquisition aids the company to expand its product portfolio and offer comprehensive solutions to the food & beverage industry.
- In February 2021, Camfil, a global developer and manufacturer of air filters and clean air products, launched a filter for their HEPA range of air filters. These filters are eco-friendly, lightweight, sturdy, and easy to operate. These filters consume less energy, which makes them cost-efficient.
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